Saturday, June 22, 2024

📌 Your End-of-Week Bulletin - June 22, 2024

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Manward Digest
 

Hot! Hot! Hot!

Alex Moschina

Alex Moschina
Publisher

Welp. Everything is still up.

Bonds, stocks and gold have all continued to climb since I penned last week's Bulletin about everything being, you know, up.

In the past seven days, only crypto has slipped. Though what that ultimately means is that Bitcoin (BTC) is "only" up 45% YTD.

[🔍 Nvidia's Hush-Hush Deal Revealed: Amazon Is Investing Millions in This Unknown AI Chip Maker! 💸 ]

The various market tailwinds are numerous.

As Shah told our Launch Investor subscribers on Tuesday...

At this point, inflation appears to be cooling, consumer spending is slowing, bond traders are bringing rates on U.S. Treasurys down, and the Fed is indicating it expects to start cutting rates later this year and continuing into next year.

 

The result is a continuation of the bullishness we've seen all year. Just like the Buster Poindexter song, markets are Hot! Hot! Hot!

And they're expected to stay that way as we edge toward that highly anticipated rate cut.

Bolstering it all, we have the "Magnificent Seven." They've been lifting up the S&P and other indexes all year, pushing us to one new all-time high after another.

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The Magnificent Seven, in case you don't know, consist of Alphabet (GOOGL), Apple (AAPL), Amazon (AMZN), Meta (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA).

With the exception of Tesla, which has had some well-publicized issues, these stocks are all up by double and - in the case of Nvidia - even triple digits.

The Magnificent Seven

View larger image

As the companies incorporate and enable the use of AI, their stocks should continue to boost markets.

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But AI alone doesn't make a solid investment. (Though it certainly doesn't hurt these days.)

That's why Shah devoted a special edition of Buy This, Not That yesterday to these popular and market-leading stocks.

If you missed that, you can check it out here. Or click on the thumbnail below.

Video - Buy This Not That
 

For links to everything else we published this week, keep scrolling.

Have a great weekend,

Alex

What Else We're Talking About

 

The Markets Are Fed Up

Wall St - Broad St

The markets are done listening to the Fed. That's why investors need to pay attention to this corner of the market... Click here to see why.

A Backdoor Way Into a $3T Industry

CITADEL

Getting rich requires thinking about the markets a little bit differently from what you may be used to. Keep reading...

Dealmaker's Diary: This Biotech Is Fighting a Silent Killer

Stock market numbers

Chronic and life-threatening diseases are on the rise… But one company stands tall in the fight against a silent killer: pulmonary arterial hypertension. Get the ticker here.

Buy This, Not That: Your Mid-Year "Magnificent 7" Investing Guide

Heatwave

They're the titans of tech, the juggernauts of the market. Some are as sizzling as a summer heat wave... and others need to be put on ice. Find out which is which here... 


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Alex Moschina

Alex Moschina is the Publisher of Manward Press. A gifted writer, editor and financial researcher, Alex's career in publishing began more than a decade ago when he worked at one of the world's leading providers of academic research and reference materials. Alex first cut his teeth in the realm of investing when he joined the team at White Cap Research in 2010. There he was charged with covering emerging market trends and investment opportunities. A stint as senior managing editor and editorial director at the prestigious Oxford Club followed. A frequent speaker at conferences and events, Alex has led educational workshops across the U.S. and Canada.

 

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